1213-1214 Pacific Ba Resort Drive, Coffs Harbour NSW 2450

Its all about position the location of 1213-1214 is so picturesque with the property overlooking the lagoon and golf course from its first floor position. And, as well as elevation, there is the additional bonus of level access through to the front door from the car park. Easy to get to with your shopping bags, golf clubs and suitcases! Then take a seat on the balcony and decide whether its time for a dip in the pool just over there, or nine holes then a cocktail at Charlies? Maybe a workout in the gym, followed by a spa?

Representing great value for money, this motivated vendor offers his beachside holiday apartment for sale at a realistic price. And together with all the leisure activities mentioned above, this is a very attractive proposition.

The property comprises two adjacent units (1213 studio and 1214 unit) and is offered fully furnished and equipped. The unit features a king sized bedroom living/dining room, a modern kitchen, internal laundry and spa bathroom. The studio features a spacious bedroom, separate bathroom and balcony, together with bar fridge and tea/coffee making facilities. Both units are air conditioned and open out onto their balconies with lagoon frontage and golf course views.

This is the perfect opportunity to purchase a great investment, or a perfect downsizer into a two bedroom bedroom apartment in beautiful surroundings. The property is currently holiday rented through the Pacific Bay rental pool, but for investors to maximise their return the unit (1214) could be permanently rented at $360-370 per week and then the studio (1213) holiday rented through the resort or other holiday pool (estimated at between $10,000-14,000 pa based on similar studio holiday rentals in the complex). In summary, a great rental income is achievable with an estimated gross return of 10%. Alternatively one of the two units could be rented, and you as owner could keep the other unit for your own use.

Competitively priced with the vendor motivated to sell, this property is a must for anyone serious about a healthy holiday investment or a handy downsizer on the beautiful mid North Coast.

Council rates $2,100 pa
Strata levies $7,988 pa